Short Interest in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Declines By 47.2%

Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 21,415 shares, a decrease of 47.2% from the May 31st total of 40,563 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 40,213 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2031 Municipal Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BSMV. Harbour Investments Inc. increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% during the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after buying an additional 472 shares during the period. Farmers National Bank grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 1.3% during the 1st quarter. Farmers National Bank now owns 56,390 shares of the company’s stock worth $1,177,000 after acquiring an additional 703 shares in the last quarter. Kestra Advisory Services LLC increased its position in Invesco BulletShares 2031 Municipal Bond ETF by 0.9% during the 1st quarter. Kestra Advisory Services LLC now owns 91,240 shares of the company’s stock valued at $1,905,000 after purchasing an additional 856 shares during the period. VestGen Advisors LLC raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 2.3% in the 4th quarter. VestGen Advisors LLC now owns 39,582 shares of the company’s stock valued at $837,000 after purchasing an additional 895 shares in the last quarter. Finally, Clark Asset Management LLC raised its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 1.7% in the 4th quarter. Clark Asset Management LLC now owns 67,587 shares of the company’s stock valued at $1,428,000 after purchasing an additional 1,106 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSMV traded down $0.02 during trading on Wednesday, reaching $20.97. 8,775 shares of the company were exchanged, compared to its average volume of 42,873. The business’s fifty day simple moving average is $20.98 and its 200-day simple moving average is $21.11. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $20.48 and a 12-month high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.0535 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 3.1%.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.